Real Estate Market in Wesley Chapel and Tampa Bay Florida

Upon paying $2.4 billion in hurricane damage claims, Florida's insurer of last resort had a deficit of more than $515 million, according to an Ernst & Young audit last week. The question now is whether homeowners statewide will have to foot the bill, and lawmakers were asked to consider using some surplus cash to cover all or part of the debt.

Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-04182005

Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS